ARTICLE
TITLE

Analisis Pengaruh Dow Jones Islamic Market Asia/Pacific Ex-Japan (DJIP2), Dow Jones Arabia Titans 50 (DJARB50), Harga Emas Dunia, dan Nilai Kurs Terhadap JII Tahun 2016-2018

SUMMARY

This study aims to find out empirically the influence Dow Jones Islamic Market Asia/Pacific ex-japan (DJIP2), Dow Jones Arabia Titans 50 (DJARB50), World Gold Price, Exchange Rate on the Jakarta Islamic Index (JII) movement. This research uses quantitative research methods, using multiple linear regression analysis models. Data collection uses secondary data from documentation related data. Data is taken from the monthly closing price of each variable from 2016-2018 (36 months). The research test uses the t test and F test and is processed using SPSS16. The results showed that DJIP2, DJARB50, and exchange rates had a significant effect on JII both partially and simultaneously while the world gold price did not have a significant effect on JII partially but simultaneously had a significant effect on JII.

PAGES
pp. 64 - 78
COLLECTIONS
Economy

 Articles related

Grigoris Giannarakis,Alexandros Garefalakis,Christos Lemonakis,Nikolaos Sariannidis    

The scope of this study is to address the impact of stock index returns on exchange rate. In particular, it aims to fill the literature gap regarding the determinant role of socially responsible companies on the exchange rate Trade Weighted U.S. Dollar I... see more


Electra Pitoska,Androniki Katarachia,Grigoris Giannarakis,Charalampos Tsilikas    

During the last decades there has been an increased interest regarding socially responsible stock indexes. However, there is a limitless literature body regarding the factors that affect these types of indexes. For this reason, this paper intends to inve... see more


Grigoris Giannarakis,Christos Lemonakis,Asterios Sormas,Christos Georganakis    

The predictability of stock returns by investors has been a crucial issue updating over the time. The aim of this study is to investigate the effect of economic leading indicator of Baltic Dry Index (BDI) on stock returns of socially responsible stock in... see more


Amir Saadaoui,Younes Boujelbene    

In the course of the recent global crisis, the stock shocks are distributed and transmitted from their homes in the developed stock market to emerging stock markets. By supporting the development of emerging stock markets, this study aims to see the tran... see more


Suci Citra Pratiwi Daulay, Andi Soemitra, Fauzi Arif Lubis    

The purpose of this study is to determine the relationship between the Malaysia Shariah Gold Index (FTFBMS) and the Jakarta Islamic Index, the relationship between the Dow Jones Islamic Market Index Japan (DJIJP) and the Jakarta Islamic Index, the relati... see more